Change the world, simply by lifting a finger

U.S. inequality keeps getting uglier

Inequality in America is getting worse.
The gap between the “haves” and “have nots” is widening, according to the latest data out this week.

The rich are money-making machines. Today, the top mega wealthy — the top 1% — earn an average of $1.3 million a year. It’s more than three times as much as the 1980s, when the rich “only” made $428,000, on average, according to economists Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

Meanwhile, the bottom 50% of the American population earned an average of $16,000 in pre-tax income in 1980. That hasn’t changed in over three decades.

And it’s only going to get worse unless we do something to shake things up.